Hey Guys, Just a short-term trade idea for 35+ pips. Waiting for an entry signal on this set-up if one presents, great. If not, I'll move on to the next pair! :)
I Used the TDI RSI confirmation to confirm this bearish trend as it is currently within the sell zone. This is a 2R setup with a 104 pip potential. I can see this swinging to 1.11000 but my current target is 1.11500. The 8 & 21 EMA cross is confirmed on the 15M, 30M, 1H, 4H.
2 Reward ratio. Hoping for the 8 & 21 EMA to cross on all time frames beginning from 15M to the 4H to confirm this bullish push. Just my ideas and perspectives of the market, No signals :)
Support level now reached, suggesting a bullish push into the 1.41000 level.
Hoping for EURUSD to spike through the resistance level and reach 1.11500 as a long target. However, this also may retrace to 1.07000 if a reversal pattern occurs after this big bullish move.
Short & Simple mark-up for GBPAUD. Hoping to see this fall bearish to at least 1.85000. My initial target is set to 1.80000 and second target reaching 1.76000 overall on the monthly perspective. However, things may change drastically due to fundamentals and some restrictions of COVID being lifted in the UK. If this goes bullish, I’m hoping for this to be after the...
I am expecting a long outcome from GU this week possibly to the 1.26000 target. I think this will fall bearish temporarily to consolidate and correct itself prior to the long movements and the bullish swing should continue that is shown on the hourly time frame. If the support level is surpassed around 1.22000, I will be expecting a bearish push to the downside as...
Following on from last week, I can see EURUSD making a bullish pullback to the resistance level 1.10000. as the daily chart is looking like a potential bullish momentum push. It may even surpass the resistance level and retrace up to 1.20000. But if I see the support level broken this week, I will be expecting a bearish momentum to pass the -27% Fib level and...
*All analysis for this was completed on the 4H time frame* Drew my fib levels from HL to HH of the bullish push. The bearish momentum over those past two days from EU seems to possibly be consolidating in the 61.8 fib region of the chart, noticing this allowed me to see the potential bullish Trend line off the 61.8 fib level. However, this could also be a...
Looking from the daily perspective, I can see GA continuing bullish and possibly retracing into the 61.8 zone. The daily candle currently shows a strong bull momentum so will see clearly by tomorrow if the bullish has continued or GA may swing to the downside again. Checked the perspective on the flip chart and could see strong patterns that GBPAUD will be on the...
I am hoping to see EURUSD fall bearish this week. As it just spiked through the 61.8 region of the fib level which may suggest a downtrend to around 1.07500. I'm hoping it retests the support level as this point and bullish momentum pushes the market back up to 1.11000 or above. If the support falls below the 1.07500, I'll be expecting a continuation of the...
Here is an update from my EURUSD mark-up. Placed the short position to show you the movement made from the zone of consolidation at the start of the week. I was expecting a pull-back around 1.078000 region but I can see it has broken through this. I am still expecting a pull-back but it's just trying to find the right position and signals to indicate the bullish...
Daily update - Happy with the bearish momentum :)